how to withdraw money fomr paypal???

@schummi (925)
India
February 25, 2007 11:58pm CST
i have been credited some amount in my paypal account and will like to use it for some use .i know its my hard earned money and would like to use it for some good use but how so we actually have to withdraw it from the paypal.can we directly transfer it to our bank account.ro will they be sending a check or a draft.i really have no idea and would like to know how many days it will take.
3 people like this
5 responses
@nishdan01 (3055)
• Singapore
26 Feb 07
Withdrawing money from PayPal is easy. No, it is not directly through a bank machine. Rather, PayPal credits your credit card or your bank account through a type of wire transferring. Once the money is transferred tp your bank account, you then withdraw like it any other money. While this PayPal "withdrawal" costs nothing, it can take up to 8 business days for the PayPal-to-your-bank transfer to complete.
@imsilver (1668)
• Canada
26 Feb 07
thank you nishdan :) I was worried there for a bit. I was actually going to head over to PayPal and see what the charges were. If only I'd waited to see your response before I posted my own... LOL...
@xeron0719 (812)
• Hong Kong
26 Feb 07
You can find that in paypal's FAQs section. You can transfer to your bank account even though your account is not verified. In my city, it only take USD$0.5 for any withdraw amount which is below USD$150. So, it is very convenience for me to transfer money from my paypal account to my bank account!
@unisis (1674)
• Indonesia
26 Feb 07
i think is better you look for the paypal exchanger in your country,if it is the same with e-gold so you will ask them for exchange your money and transfer into your bank account.
@imsilver (1668)
• Canada
26 Feb 07
You just transfer it into your bank account. At least that's what I'm assuming. Usually I'm doing it the other way and transfering money into it. I haven't actually transfered the money out of it yet. I just used it to buy stuff online. I'm hoping its as easy as just transfering back. I didn't eaven realize they charged for it until I saw another post here earlier about how you only get $5 of your $10 because paypal takes the rest out in charge fees.
@lilaclady (28238)
• Australia
26 Feb 07
You only have to go to the withdraw area and fill it out ...in Australia it costs you $1 if it is under $150 you are withdrawing....